Why and how to joyfully move our butts around town, without mucking the place up.

Pages with tag Blockchain

eMotorWerks and Share&Charge Deliver North America's First Peer to Peer Electric Vehicle Charging Network with Blockchain Payments
<p>Encouraging person-to-person sharing of charging stations is one way to expand the electric car charging network. It's clear a key to a successful switch to electric cars is the speed with which the charging network becomes ubiquitous. This isn't the first effort at person-to-person charging station sharing. To my knowledge that honor falls on PlugShare/Recargo/Xatori (Xatori and Recargo merged). In any case, the interesting twist in this case is the use of Blockchain to record payments. </p>
<p>Blockchain? That's the transaction recording technology underly Bitcoin and most other digital currencies. Blockchain is a simpler mechanism to record transactions than the prevailing system of monetary settlements through the ACH banking system. Blockchain-style transactions are as fast as an API call on an Internet service, and are touted as being highly secure due to well-thought-out algorithms and encryption mechanisms. Instead of Bitcoin, the team is instead using Ethereum.</p>
<p>Almost two years ago I had a frenzy of excitement about Bitcoin, and posted <a href="https://longtailpipe.com/2015/09/06/bitcoin-based-charging-stations-to-reduce-need-for-charging-network-operators/">some theorizing that using Bitcoin in charging stations would reduce the need for charging networks</a>. Who knows if that would be the result. </p>